Bristlecone Advisors LLC Increases Stake in JPMorgan Ultra-Short Municipal ETF $JMST

Bristlecone Advisors LLC increased its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 42.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,097 shares of the company’s stock after buying an additional 12,888 shares during the period. Bristlecone Advisors LLC owned 0.05% of JPMorgan Ultra-Short Municipal ETF worth $2,194,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in JMST. DAVENPORT & Co LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 7.8% in the 1st quarter. DAVENPORT & Co LLC now owns 8,359 shares of the company’s stock worth $425,000 after buying an additional 605 shares during the period. Rossby Financial LCC purchased a new position in JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth about $43,000. Whitegate Investment Counselors Inc. increased its stake in JPMorgan Ultra-Short Municipal ETF by 3.5% in the 1st quarter. Whitegate Investment Counselors Inc. now owns 86,215 shares of the company’s stock worth $4,384,000 after buying an additional 2,950 shares during the period. Elmwood Wealth Management Inc. increased its stake in JPMorgan Ultra-Short Municipal ETF by 14.1% in the 1st quarter. Elmwood Wealth Management Inc. now owns 122,330 shares of the company’s stock worth $6,220,000 after buying an additional 15,111 shares during the period. Finally, Novem Group increased its stake in JPMorgan Ultra-Short Municipal ETF by 19.8% in the 1st quarter. Novem Group now owns 11,163 shares of the company’s stock worth $568,000 after buying an additional 1,843 shares during the period.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.4%

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.97 on Wednesday. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.42 and a 1 year high of $50.98. The firm’s 50-day moving average is $50.99 and its two-hundred day moving average is $50.84.

About JPMorgan Ultra-Short Municipal ETF

The JPMorgan Ultra-Short Municipal Income ETF (JMST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of US municipal bonds with a weighted average maturity of two years or less. JMST was launched on Oct 16, 2018 and is managed by JPMorgan Chase.